Tom Crimmins Realty Blog - august

August 2016 Staten Island Real Estate Market Recap

Posted by Tom Crimmins Realty on September 14th, 2016

The chart above displays the total amount of sales that were made from August 2015 to August of 2016. This chart shows that 97 more homes were sold in August of this year, at least a 23.7% significant sale increase compared to August of last year. 

The average listing price has increased from $490,693 in August 2015 to $555,886 in August 2016. This was caused by the decrease of Current Inventory numbers from 2015 to 2016.

The average Days on Market (DOM) has decreased from 104 days in August 2015 to 88 days in August 2016.

 

The Current Inventory numbers have decreased from 2,626 houses in August 2015 to 1,976 houses in August 2016. This decrease lead to the increase in Average Listing Prices from 2015 to 2016.

In Conclusion,…

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August 2014 Staten Island Real Estate Market Recap

Posted by Tom Crimmins Realty, Ltd. on September 16th, 2014

 

We have the final Staten Island summer real estate recap with August 2014's numbers. 

Month	Year	Monthly Sales	Monthly Volume	Avg List $	Avg Sale $	Median Sold $	Avg DOM
August	2014	310	$129,364,145	$437,315	$417,303	$385,000	90

The summer started with June 2014, having a 303 monthly sale in properties. August increased in single digits and had 310 monthly sales.

Staten Island real estate in August was not the best month this summer, but still had high performing numbers. Staten Island wrapped August up with an average sale price of $417,303. This is an decrease from the $438,199 that was brought in June 2014.

Month	Year	Monthly Sales	Monthly Volume	Avg List $	Avg Sale $	…

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